Wainwright corporation had the following activities in 2012, Ask an Expert

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Wainwright Corporation had the following activities in 2012. 1. Sale of land $249,600 2. Purchase of inventory $875,100 3. Purchase of treasury stock $66,300 4. Purchase of equipment $302,000 5. Issuance of common stock $394,000 6. Purchase of available-for-sale securities $51,000 Compute the amount Wainwright Corporation should report as net cash provided (used) by investing activities in its statement of cash flows.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9989692

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